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M&A Deal Summary

FTP Acquires Coastal Flood Underwriters

On March 7, 2025, FTP acquired insurance company Coastal Flood Underwriters

Acquisition Highlights
  • This is FTP’s 1st transaction in the Insurance sector.
  • This is FTP’s 1st transaction in the United States.
  • This is FTP’s 1st transaction in Florida.

M&A Deal Summary
Date 2025-03-07
Target Coastal Flood Underwriters
Sector Insurance
Buyer(s) FTP
Deal Type Add-on Acquisition

Target

Coastal Flood Underwriters

Oldsmar, Florida, United States
Coastal Flood Underwriters is a wholesale broker that offers decades of insurance expertise to provide excellent flood insurance protection for clients' primary & excess flood needs. Coastal Flood Underwriters is based in Oldsmar, Florida.

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Buyer(S) 1

Buyer

FTP

Old Bridge, New Jersey, United States
Category Company
Founded 1957
Sector Insurance
DESCRIPTION

FTP is a multi-generational, independent Managing General Agency (MGA) and Wholesale insurance provider that offers specialty insurance solutions, fostering strong partnerships with best-in-class carriers to ensure that every risk is managed with the highest level of service and expertise. It offers a comprehensive portfolio of personal and commercial insurance products across both admitted and non-admitted basis, delivering prompt, reliable, and tailored solutions to meet the diverse needs of its clients. FTP was fomred in 1957 and is based in Old Bridge, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector (Insurance) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1
Mergr

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